Recent economic data reveals housing sector slowing after two years of growing demand

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing.

Washington state has the strongest economy in the country, according to a recent report by WalletHub. The ranking was based on three criteria: economic activity, economic health and potential for innovation.

Every home buyer knows hiring a home inspector to check out a property before closing is a good idea. In fact, a home inspection is often a requirement for a mortgage. The trickier question is this: Should home sellers also hire a home inspector to conduct a pre-inspection? That’s where you have an inspector scrutinize your property for problems before it’s even listed. Is a pre-inspection worthwhile? Let’s take a look at the pros and cons.

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year.

With a recent rise in interest rates and appreciating home values, many buyers have been priced out of the market. With a seller paid buydown, you can help lower the buyer’s monthly payment without lowering the seller’s sales price.

If you’re planning to buy a home, that means you shouldn’t wait for home prices to drop to make your purchase. Instead, buying today means you can get ahead of future price increases, and benefit from the rise in prices in the form of home equity.

With a home equity loan, you can typically borrow up to 80% of your home's value, minus what you owe on your mortgage.

While the number of homes available for sale is growing and giving you more options for your move, inventory is still low overall. That could mean it’s a great time for you to sell.

Since first moving much of their employees to the Eastside, Amazon now has close to 10,000 Bellevue-based employees. This number will continue to grow, as they have committed to increasing the employee count to 25,000.

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know.

The US economy is in a strange place–and that means the housing market is too. As rising interest rates do their job to tamp down demand, fears of a coming recession are on the rise. Prospective buyers may be wondering what it all means for their dreams of owning a home.

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase.

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile.

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand.

Homebuyers in our local market are faced with challenges today; low inventory, multiple bid offers, rising mortgage rates, etc., which can make it hard to know if now is a good time to buy.

Deciding whether to rent or buy can be a difficult decision, but with the right analysis, you can determine which is best for you. Knowing whether it’s the right time to rent or buy depends on your buying power, what you’re looking for in a home, your local market conditions, your plans for you and your household, and the responsibilities you’re prepared to take on at your residence.

With outdoor mask mandates lifted but coronavirus cases ticking up once more, seeing a movie outside is perhaps the least anxiety-inducing way you can take in a movie in person with anyone else this summer.

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: